CEO / Chief Executive
Buffett’s Berkshire Hathaway Eliminates Stakes in Axalta, Biogen, Pares Other Drug Holdings
Warren Buffett's Berkshire Hathaway Inc said on Monday it trimmed or eliminated its stakes in several pharmaceutical companies, and reported a small new stake in a Merck & Co spinoff, Organon ...
Tesla Autopilot in 765,000 Vehicles Subject of Formal U.S. Safety Probe
U.S. auto safety regulators said Monday they had opened a formal safety probe into Tesla Inc's driver assistance system Autopilot after a series of crashes involving emergency vehicles. The National ...
Willis Towers Watson Chooses Hess as Its Next Leader
Insurance broker Willis Towers Watson chose Carl Hess as the company's new president and next chief executive officer. Hess, who currently serves as Willis Towers Watson's head of Investment, Risk ...
Aviva Will Return $5.5B to Investors; Activist Shareholder Wants More
British insurer Aviva pledged on Thursday to return at least 4 billion pounds ($5.5 billion) to shareholders, sending its shares surging, but activist investor Cevian Capital demanded more. Cevian, ...AIG Celebrates Strong Q2 Gains Driven by Investment Income, Business Growth, Rate Hikes
American International Group generated a modest profit in the second quarter, citing gains from higher net investment income, far fewer catastrophe losses and strong rate hikes in its ...
While Funding Levels Rise, So Do InsurTech Death Rates
While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the entire year 2020, InsurTechs continued to quietly shut their ...
Doomed to Fail: Workplace Diversity Without Inclusion
The insurance industry is one of many sectors seeing workplace diversity not progressing fast enough. The percentage of non-white employees in the insurance workforce, for example, stood at 21.4 ...
CFC Underwriting Picks Newman as CEO; Walsh Moves to Group CEO
CFC Underwriting, the London-based specialist managing general agent, announced that Chief Innovation Office Graeme Newman has been appointed as the company's new CEO. Founder and current CEO, Dave ...